Allied Irish Bank (AIB) have – as promised – passed on the latest ECB rate cut to all variable and tracker mortgages.
The new AIB 3.75% variable rate is now the lowest variable rate mortgage in Ireland for LTVs over 50% . BOI match it on LTVs under 50%. BOI also have a discounted rate of 3.75% for 12 months for other LTVs – rising after a year. See the Variable Mortgage Best Buys list .
AIB have also reduced the 1 year fixed rate for First Time Buyers to 2.99%